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Section 204(a)(11)

Two weeks ago, Vice Chancellor J. Travis Laster denied a proposed stipulated consolidation and scheduling order. The proposed order directed that the consolidated cases be captioned “In re Astex Pharmaceuticals, Inc. Shareholders Litigation”. What could be wrong with that? The cases, after all were class action lawsuits against Astex Pharmaceuticals, Inc. I don’t know why the

Over the years, I’ve read many articles of incorporation that include provisions relating to indemnification of officers, directors and others. Today’s post will cover a few questions and observations that have occurred to me over the years. I’ll cover more of these “Why is there air?” type questions in future posts. Vice Admiral James Stockdale